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Peapack-Gladstone Financial Corporation
Company Overview: Peapack-Gladstone Financial Corporation (NASDAQ: PGC) is a bank holding company. The Company’s principal subsidiary is Peapack-Gladstone Bank (the Bank), which is a state-chartered commercial bank. Its segments include Banking and Peapack Private.
As per our previous US Daily Report published on ‘PGC’ on 17th September 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 27.23 based on “price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis” and the stock price has now moved by ~16.59% since then and has attained resistance 1 and 2.
Noted below are the details of support and resistance levels provided in our previous report:
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